Installed Building Products Reports Record Third Quarter 2024 Results; Declares Regular Quarterly Cash Dividend
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Installed Building Products, Inc. (NYSE: IBP) reported record third quarter 2024 results with a 7.7% increase in net revenue to $760.6 million and a 7.9% increase in installation revenue to $713.7 million. The company also declared a regular quarterly cash dividend.
November 07, 2024 | 12:45 pm
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Installed Building Products reported record Q3 2024 results with significant revenue growth and declared a regular quarterly dividend, indicating strong financial performance.
The record revenue growth and declaration of a regular dividend suggest strong financial health and positive investor sentiment, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100